Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
Why Chinas Yuan Is Quietly Winning the Reserve Race
As China's trade balance swings to a record deficit and the US dollar's trade-weighted index slips, Beijing is quietly advancing the yuan's role in global reserves and cross-border settlement. In this episode, Lucas and Luna dig into the mechanics behind the currency's steady internationalization—from the rise of digital yuan pilots in Hong Kong to the slow but real accumulation of yuan in central bank portfolios. They discuss how the recent US Treasury intervention to support the yen complicates the dollar's dominance, and why China's approach to reserves is…
The skinny
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